Question No 18 Chapter No 9 – USHA Publication 11 Class

Question No 18 Chapter No 9

Question No 18 Chapter No 9

18. Record the following transaction in Sale Return Book of Royal stationers, Haryana and post them into Ledger ( all sale the sale were made locally at 6% CGST and SGST

2019  
Mar.1 Rattan stores, Amritasr9Punjab) returned
  200 paper weights @ Rs 30 each
  50 Staplers @ Rs 200 each
  (Original invoice 10% Tarde discount)
Mar.8 Ahuja stores, Chandigarh returned
  900 pencil boxes @ Rs 40 per box
  50 paper rims @ Rs 200 each
  (Original invoice 10% Tarde discount)
Mar.24 Arora Stationery, Panchkula ( Haryana) returned ( credit note no. 503)
  400 Registers @ Rs 60 each
  500 pen boxes @ Rs 40 each
  (Original invoice 15% Tarde discount)

 

The solution of Question No 18 Chapter No 9: –

 

Sale Return Book
Date Particular Detail Cost
Output CGST Output SGST  Output
ISGT
 
Total
2018

             
Mar. 1 Rattan stores, Amritsar            
  200 ap er weights @ Rs 30 each 6,000          
  50 staplers @ Rs 200 each 10,000          
    16,000          
  Less: Trade Discount @ 10% 1,600          
    14,400          
  Add: CGST 864          
  Add: SGST 864          
    16,128 14,400 864 864   16,128
               
Mar. 8 Ahuja Stores, Chandigarh            
  900 Pencils boxes @ Rs 40 per box 36,000          
  50 paper rims @ Rs 200 each 10,000          
    46,000          
  Less: Trade Discount @10% 4,600          
    41,400          
  Add: CGST 2,484          
  Add: CGST 2,484          
    46,368 41,400 2,484 2,484   46,368
               
Mar.24 Arora Stationers, Panchkula            
  400 Registers @ Rs 60 each 24,000          
  500 Pen boxes @ Rs 40 each 20,000          
    44,000          
  Less: Trade Discount @15% 6,600          
    37,400          
  Add: CGST 2,244          
  Add: SGST 2,244          
    41,888 37,400 2,244 2,244   41,888
  Total   93,200 5,592 5,592   10,4,384

 

Dr. Rattan Stores A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
2019       2019      
        Mar. 1 By Return Inwards   11,400
           

 

Dr. Ahuja Stores A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
2019       2019      
        Mar. 8 By Return Inwards   41,400
           

 

Dr. Arora Stationers A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
2019       2019      
        Mar. 24 By Return Inwards   27,400
           

 

Dr. Return Inwards A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
2019       2019      
Mar. 31 To sundries   83,760        
           

 

Dr. Output CGST A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
2019       2019      
Mar. 31 To sundries   5,592        
           

 

Dr. Output SGST A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
2019       2019      
Mar. 31 To sundries   5,592        
           

 

Sales Return Book | Subsidiary Books | Examples

Also, Check out the solved question of all Chapters: –

Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution

Chapter No. 1 – Introduction

Chapter No. 2 – Theory Base of Accounting 

Chapter No. 3 – Origin of Transactions

Chapter No. 4 – Vouchers and transactions

Chapter No. 5 – Journal

Chapter No. 6 – Accounting for Goods and Services Tax(GST)

Chapter No. 7 – Ledger

Chapter No. 8 – Cash Book

Chapter No. 9 – Other Subsidiary Books

Chapter No. 10 – Journal Proper

Chapter No. 11 – Trial Balance

Chapter No. 12 – Bank Reconciliation Statement

Chapter No. 13 – Depreciation

Chapter No. 14 – Provisions and Reserves 

Chapter No. 15 – Bills of Exchange

Chapter No. 16 – Rectification of Errors 

Chapter No. 17 – Financial Statements – (Without Adjustments)

Chapter No. 18 – Financial Statements – (With Adjustments)

 

 

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